China Growth Slows to 7.3% -- Update

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

By Richard Silk BEIJING--China's economy in the third quarter grew at its slowest pace in five years as it battles a slumping real-estate market and weak domestic demand and industrial production. The results Tuesday marked a drop from the second ...

China Third-Quarter GDP Slows

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

BEIJING-China's economy grew at a slower pace in the third quarter, suggesting that the government's targeted easing measures to boost economic growth have not yielded expected results, official data showed Tuesday. China's gross domestic product rose 7.3% from a year ...

China Data Supports Oil but Bearish Sentiment Persists

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

By Eric Yep Crude-oil futures found some temporary support in Asian trade Tuesday after China's economic data came in slightly better than expected. On the New York Mercantile Exchange, light, sweet crude futures for delivery in November traded at $83.01 ...

Bank of Russia Holds Ruble Trading Band Steady

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

By Andrey Ostroukh MOSCOW--The Bank of Russia said Tuesday it didn't shift the ruble's trading band at the beginning of this week for the first time this month as oil prices recovered slightly from October lows. The central bank said ...

Malaysia Regulator Denies State Fund From Voting in Banking Merger

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

By Jason Ng KUALA LUMPUR--Malaysia's stock-exchange regulator Tuesday ruled to deny the Employees Provident Fund from voting in the proposed merger of three lenders that could create a banking giant with assets of more than $183 billion. The state-owned pension ...

EU Broadens Sanctions Over Syria

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

BRUSSELS--The European Union named 16 people and two companies that will be targeted by fresh sanctions against Syrian President Bashar al-Assad's regime, including an oil-trading firm from the United Arab Emirates. The bloc's foreign ministers decided Monday to extend sanctions ...

U.S. Existing-Home Sales Rise 2.4%

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

WASHINGTON -- U.S. home sales reached the highest level of the year in September, a sign of halting progress in the housing market that could lift the broader economy. Sales of previously owned homes climbed 2.4% to a seasonally adjusted ...

BAE SYSTEMS PLC SilverSky Acquisition

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

TIDMBA. RNS Number : 8491U BAE SYSTEMS PLC 21 October 2014 BAE Systems to acquire SilverSky to enhance commercial cyber growth strategy 21 October 2014 BAE Systems announces it has entered into a definitive agreement to acquire Perimeter Internetworking Corp., ...

Asian Shares Mixed After China Growth Data

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

Asian shares were mixed Tuesday after China's economy grew at a slower pace in the third quarter, albeit a touch faster than expected. The Hang Seng Index was up 0.4% to 23161.64, after data showed China's gross domestic product rose ...

Australian Central Bank Eyes Home Loans

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

By James Glynn SYDNEY--Australia's central bank stressed the importance of maintaining rigorous standards on loans to property investors, reflecting its rising concern that speculators are dominating the housing market. Minutes of the reserve bank's Oct. 7 policy meeting showed its ...

China 3rd Quarter GDP Growth Slows

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

BEIJING--China's economy grew at a slower pace in the third quarter, suggesting that the government's targeted easing measures to boost economic growth have not yielded expected results, official data showed Tuesday. China's gross domestic product rose 7.3% from a year ...

Plane Carrying Total Chief Hit Snow-Removal Vehicle - Investigators

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

By James Marson MOSCOW--Russian investigators said that the plane that crashed killing Total SA's (TOT) chief executive and three crew hit a snow-removal vehicle whose driver was drunk. The plane carrying Christophe de Margerie was taking off at Moscow's Vnukovo ...

British Public Sector Borrowed More Than Expected in September

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

By Jon Sindreu And Nick Winning LONDON--The British public sector borrowed more than expected in September, increasing the risk that the government will overshoot its austerity targets. According to figures released Tuesday by the Office for National Statistics, public bodies ...

Oil Prices Rise on Chinese Data

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

By Nicole Friedman Oil prices ticked higher Tuesday on better-than-expected economic data from China, the No. 2 oil-consuming nation. China posted 7.3% year-over-year quarterly growth rate in the third quarter, the National Bureau of Statistics said Tuesday. That's the lowest ...

ICSC/Goldman Sachs Chain Store Sales Fall in Latest Week

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

By Tess Stynes The International Council of Shopping Centers and Goldman Sachs Retail Chain Store Sales Index fell 0.3% in the week ended Saturday from the previous week on a seasonally adjusted, comparable-store basis. "Gasoline prices remained low, down a ...

Brazil 12-Month Inflation At 6.62% Through Mid-October

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

By Rogerio Jelmayer SAO PAULO--Brazilian consumer prices picked up through mid-October--leaving the 12-month rate still above the central bank's tolerance band and providing ammunition for opposition presidential candidate Aecio Neves few days before the second round of election. Brazil's mid-month ...

China September Industrial Output Growth Picks Up

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

BEIJING--China's industrial output growth in September accelerated and rebounded from a near-six-year low in August, driven by government's recent targeted easing measures, official data showed on Tuesday. Value-added industrial output in China rose 8.0% in September from a year earlier, ...

China Growth Slows to 7.3% -- Update

TODAY: Oct. 21, 2014 PUB DATE: Oct. 21, 2014

BEIJING--China's economy in the third quarter grew at its slowest pace in five years as it battles a slumping real-estate market and weak domestic demand and industrial production. The results on Tuesday make it increasingly likely that China will miss ...